Dislikednobody does, i was 1000pips this week on all my entries 600 pull back now left with 400...i dont close until sl @ be or friday closing.Ignored
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
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Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
Dislikednobody does, i was 1000pips this week on all my entries 600 pull back now left with 400...i dont close until sl @ be or friday closing.Ignored
DislikedGJ may look like it's just ranging, but it's been hard at work. In my opinion, we've had 5 waves to the downside, which I'll call wave (A) completed close to where I expected at 135.28 and it's now in wave (B) to the topside. Subwave A and C of (B) should be roughly similar in length, so I'm guestimating top around 137.5 ~ 138. My wave (B) abc subwave count is invalid if price drops below 135.6
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Dislikedpk, did you get your pips off this range? I saw it hit 137 last night!Ignored
Dislikedmy knowledge in EW from Bill williams method i trade is wave 3-4 range and this thing look like 3-4 on 1hr chat so i will be expecting more down until we break 137..Good night. i can be wrong ..Ignored
Dislikedyou could be right don. typical wave 4 range is about 38% - 50% fib (max).
in daily bases, w4 range can extend down to 133.20. but 135 is a strong support zone as pb has mentioned. the entire ny session was trying to break below, and looks like it's failed. in order to break below 135, price should take a trip back to north one more time at least, imo. at the end of ny session, rejection candle in 1 hr chart off the support. 1hr momentum fading to down side. cb intervention may come into play if we go down more. just a thought, but as always we...Ignored
Dislikedfor next week...H4=Daily=weekly= ~ 200-300pips more down before decided my buy dip setting....why?
1. Weekly close below 135.50
2. Weekly double top
simple.............nah same chart as i am posted last 2 week in my blog as well as in auslonko....
Good luck and enjoy your weekend guys...
gIgnored
Dislikedfor next week...H4=Daily=weekly= ~ 200-300pips more down before decided my buy dip setting....why?
1. Weekly close below 135.50
2. Weekly double top
simple.............nah same chart as i am posted last 2 week in my blog as well as in auslonko....
Good luck and enjoy your weekend guys...
gIgnored